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Article featured in Business Beijing, March 2004
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Railways Seek Foreign Investment for Projects

2004/03/15

Chinas state railway system is planning to pilot joint-stock restructuring projects and invite domestic and foreign investment.

Policy makers aim to use these measures to hasten State railway system reforms, Liu Zhijun, minister of railways, told Xinhua News Agency.

The size of the nation s railway network is expected to increase to 100,000 kilometres by 2020 from 72,000 kilometres, says Liu.



 
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